Insurer Can't Dodge Wire Fraud Coverage, Ala. Judge Says

By Danielle Ferguson · September 1, 2026, 6:25 PM EDT

Lenders are entitled to coverage for losses from a closing agent falling victim to wire fraud in mortgage refinancing transactions, an Alabama magistrate judge said Monday, finding that an exclusion barring...

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Case Information

Case Title

Chicago Title Insurance Company v. Alabama Home Mortgage Loans, Inc. (MAG2)

Case Number

3:24-cv-00713

Court

Alabama Middle

Nature of Suit

Insurance

Date Filed

November 06, 2024